Mises Wire

Hazlitt's Critique of Keynes: The 60th Anniversary

Book ReviewsInterventionismOther Schools of Thought

Blog12/20/2019

Hazlitt and all of the other critics of Keynes never did get to the primary points with respect to what was wrong with Keynes. One point was theoretical. The other was practical.

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How Unions Reduce Real Wages

Labor and WagesMonopoly and Competition

Blog12/17/2019

The actual policies that labor unions have systematically followed from the beginning of their existence have in fact reduced the real wages of the workers as a whole below what they would otherwise have been.

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How Bernie Sanders and Elizabeth Warren Are Channeling Venezuela's Hugo Chávez

SocialismWorld History

Blog12/17/2019

That so many voters, pundits, academics, and media figures are taken in by the Warren-Sanders wealth confiscation and redistribution schemes does not bode well for our economic and political future.

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Hyperinflation, Money Demand, and the Crack-Up Boom

Booms and BustsFinancial MarketsMonetary TheoryOther Schools of Thought

12/14/2019Mises Daily Articles
"I am not saying that fiat money, once established on the ruins of gold, cannot then continue indefinitely on its own. Unfortunately … if fiat money could not continue indefinitely, I would not have to come here to plead for its abolition."
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How the Soviets Replaced Christmas with a Socialist Winter Holiday

12/10/2019Power & Market

Father Frost (the Soviet Santa Claus) asks: "To whom do we owe all the good things in our socialist society?,” to which, it is said, the children chorus the reply, "Stalin."

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How California's Government Plans to Make Wildfires Even Worse

The EnvironmentU.S. History

Blog12/07/2019

The State of California is now forcing insurance companies to cover homeowners who put their houses in some of the most fire-prone areas. What could go wrong?

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How to Avoid Civil War: Decentralization, Nullification, Secession

Decentralization and Secession

Blog12/04/2019

So long as we insist the federal government can force one law, one culture, and one sort of politics on all of America, the US is headed down the road of civil war. Only decentralization and separation can partly defuse the situation.

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How Banks Go Bust

Booms and BustsThe FedMoney and Banking

12/02/2019Mises Daily Articles
Suppose that a convincing orator should go on TV tomorrow, and urge the public: "The banking system of this country is insolvent."
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